City of Pinellas Park header
File #: 20-632    Name:
Type: Resolution Status: Public Hearing
File created: 8/21/2020 In control: City Council
On agenda: 9/17/2020 Final action:
Title: RESOLUTION NO. 20-26. ADOPTING A FINAL MILLAGE RATE FOR THE CITY'S PROPOSED BUDGET FOR FISCAL YEAR 2020-2021 SECOND READING AND SECOND PUBLIC HEARING (Speaker - Dan Katsiyiannis, Management and Budget Administrator)
Sponsors: OMB
Attachments: 1. City Attorney Letter, Resolution Establishing zMillage Rate for FY 2020-2021

Title

RESOLUTION NO. 20-26.  ADOPTING A FINAL MILLAGE RATE FOR THE CITY'S PROPOSED BUDGET FOR FISCAL YEAR 2020-2021

 

SECOND READING AND SECOND PUBLIC HEARING

 

(Speaker - Dan Katsiyiannis, Management and Budget Administrator)

 

 

Body

NOTE: The City is required under F.S. 200.065 to adopt a final millage rate for the City's proposed budget for fiscal year 2020-2021. The proposed rate of 5.4900 represents an increase of 5.93% over the roll-back rate of 5.1829. The roll-back rate is the calculated rate that would have provided the City with the same amount of ad valorem tax revenue as the previous year.

 

Recommendation

ACTION: (Adopt - Deny) Resolution No. 20-26. Second reading and second public hearing.